(Focus on Boao) Reaffirming the "certainty" of opening up China's Boao speaks out and releases multiple stable expectations

  China News Agency, Hainan, Boao, April 21 (Reporter Wang Enbo) The opening ceremony of the 2022 Boao Forum for Asia Annual Conference was held on the 21st. Chinese President Xi Jinping delivered a keynote speech via video, proposing a "China Plan" for jointly promoting economic recovery, emphasizing Reform and opening up "will not be shaken".

Relevant experts and participants told China News Agency reporters that multiple stable expectations were read from it.

On April 21, the opening ceremony of the Boao Forum for Asia Annual Conference 2022 was held in Boao, Hainan.

The picture shows the Boao Forum for Asia International Conference Center.

Photo by China News Agency reporter Luo Yunfei

  In the latest forecast report, the International Monetary Fund lowered its economic growth forecast for 143 economies this year.

In the face of various uncertainties, the word recovery has become a global expectation.

To achieve this common goal, open cooperation is essential.

  On many occasions such as the China International Import Expo and the World Economic Forum, Xi Jinping has spoken out on building an open world economy.

In this speech, he reiterated that "we must persist in building an open world economy" and proposed "strengthening macro policy coordination, maintaining the stability of the global industrial chain and supply chain, and promoting balanced, coordinated and inclusive development of the world."

  According to Wang Xiaosong, a researcher at the National Institute of Development and Strategy of Renmin University of China, the original intention of an open world economy is to continue to promote economic globalization, and globalization is the engine of world economic growth.

China adheres to the road of opening up and attaches importance to both its own development and the development of its partner countries. It will provide more public goods to the international community and promote the prosperity of the world economy.

  "A more open economy is an economy that is safer, more stable and develops faster." Wu Yabin, director of the UNIDO Investment and Technology Promotion Office (Beijing, China), believes that the Chinese government has always regarded openness as economic development. It not only reflects the confidence in overcoming the difficulties of the epidemic and restoring economic and social development, but also helps stabilize the global supply chain and value chain, and injects strong confidence into the recovery of the world economy.

  This gesture of supporting openness and cooperation is even more precious in the complex international environment.

At present, the century-old changes and the epidemic of the century are intertwined, unilateralism and protectionism are on the rise, the global consensus on opening up has weakened, and some countries are prone to decoupling, cutting off supplies, and applying extreme pressure.

  In response to the challenges of global governance, Xi Jinping said that all countries in the world are riding on a big ship with a shared destiny. If they want to cross the stormy seas and sail towards a bright future, they must work together in the same boat. It is unacceptable to try to throw anyone into the sea.

  Wang Xiaosong observed that, driven by the anti-globalization trend, some Western countries tried to break the existing pattern, excluding developing countries such as China from the global supply chain, and forming an internal economic cycle in developed countries.

But the facts show that the world industrial chain cannot operate independently without China and Asia, and China cannot do without other countries.

China emphasizes that we can help each other and build a community with a shared future for mankind, which is the correct choice for all countries in the world.

  As he said, China has always adhered to genuine multilateralism, emphasizing openness, inclusiveness, and win-win cooperation.

The Boao Forum for Asia has always been an important platform for China to release the signal of expanding opening up.

  "No matter what changes take place in the world, China's confidence and will in reform and opening up will not be shaken." Xi Jinping once again released the "warm wind" of opening up in this speech, and mentioned a series of specific measures.

  China will expand its high-level opening to the outside world, implement the negative list for foreign investment access in depth, expand the scope of encouraging foreign investment, optimize foreign investment promotion services, and add comprehensive pilots for expanding the opening up of the service industry.

These series of commitments are regarded as positive by foreign-funded enterprises and institutions in China.

  "This has strengthened our belief in investment and development in China." said Guo Yi, managing director and global partner of Boston Consulting Group. China is already a country with a very high degree of globalization. Intensifying opening up, this breakthrough development itself sends a signal to the market that China's globalization is far from the end.

  China will fully implement the Regional Comprehensive Economic Partnership (RCEP), promote the negotiation and signing of high-standard free trade agreements with more countries and regions, and actively promote accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership and the Digital Economy Partnership agreement".

This series of actions will inject strength into regional and world economic recovery.

  Wu Yabin said that the joint construction of the "Belt and Road" initiative and the active promotion of RCEP are important public goods that China provides to the world.

Taking RCEP as an example, its member countries include both developed and developing countries. All parties complement each other's advantages and jointly strengthen the resilience of the Asia-Pacific industrial chain, supply chain and value chain, which will enable regional development to go further into the ocean.

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